I didn't see one , and people were curious on whats going on in Jersey City. I visit Jersey City once a week along with Hoboken ,and Newark and photograph the various developments and interesting things. I will start a thread for each City in NJ that has alot of activity going on now or will soon. Lets start with the rundown of various Projects in Jersey City....

I will be back later this week with more Redevelopment progress , Models , Street-scaping pictures , and small developments and unique projects happening around the city. There will also be a Neighborhood to Neighborhood Tour in January , where i will point out all the locations for future redevelopment. I will also post News Articles about Jersey City on this thread. This thread will bend the rules abit , I know i'm not supposed to stick Construction progress photos in here , but creating a thread for most projects in Jersey City would be silly. Most projects are too small for a thread of their own. However once High Rise construction picks up , I will create a thread for those buildings.

summersm343

Dec 27, 2011 9:27 PM

Thanks for the thread :cheers:

Nice to see so much going on.

JakeF

Jan 28, 2012 9:55 AM

Appreciate the photos

The new Liberty Harbor development. (Strangely called 18 Park) looks to be rather interesting from the renderings. Also, does anyone know what's going up at the northern end of the Newport waterfront? Another site is ..I believe a new St. Peter's Prep building which looks like it will finally cover a very ugly empty lot on York street in Paulus Hook.

Nexis4Jersey

Jan 28, 2012 2:35 PM

Quote:

Originally Posted by JakeF
(Post 5567602)

The new Liberty Harbor development. (Strangely called 18 Park) looks to be rather interesting from the renderings. Also, does anyone know what's going up at the northern end of the Newport waterfront? Another site is ..I believe a new St. Peter's Prep building which looks like it will finally cover a very ugly empty lot on York street in Paulus Hook.

You mean the Northeastern section of Newport? 18 Park? Never new it was called that , I thought it was called LHS.

The LeFrak Organization is all set to break ground on the latest new construction for its 25-years-in-the-making, $10 billion Newport development in Jersey City. According to the New York Times, all it needs is an office tenant. LeFrak has already erected 14 apartment buildings, seven office buildings and a shopping mall to Newport, but has recently slowed its development pace. The last office building went up in 2003.

It wants to start work on Pier 6, where it could add up to 1.25 million square feet of office space. The first building may rise to 17 stories, but its size would ultimately depend on what kind of tenant agrees to take space. A tenant would have to commit to at least 300,000 square feet to make the project feasible.

“We wouldn’t have stayed in business for 100 years if we were doing wild speculation,” said Jamie LeFrak, a principal of the company.

The complex is expected to cost $100 million to $300 million, and the rents will be far below Manhattan’s. The Hudson waterfront in New Jersey typically commands rent of about $38 per square foot for Class A space, but state tax credit programs could reduce the effective rents to about $20 per foot, the Times said.

As several financial firms, including Citigroup, Fidelity Investments and Depository Trust and Clearing Corporation, have made commitments to New Jersey from Manhattan of late, LeFrak expects a similar tenant to be the impetus for the Pier 6 groundbreaking.

Jersey City has taken a crucial step towards the redevelopment of 100 acres of contaminated land on its western edge, according to the Wall Street Journal. NJ Transit began an environmental review of the plan last week, a precursor to extending the Light Rail to connect the region’s public transit to the area, known as Bayfront. An estimated $213 million extension of the Light Rail could help encourage developers to move forward with a plan to build 8,100 residential units, 1 million square feet of office space and 20 acres of park on the waterfront site.

The land is owned by technology and manufacturing company Honeywell International, which took it over after a merger in the late 1990s. But its contamination goes back to the late 1800s, when the area was filled by chromium waste from nearby plant owner Mutual Chemical Company, which made shipbuilding substances.

A retail complex opened on the site after the plant closed in 1954, but by the 1980s the stores’ walls began to crumble from the waste. The buildings were vacated and the land has been abandoned ever since.

In 2005, Jersey City sued Honeywell to recoup lost tax revenue and to get it to clean up the site, but settled upon developing the land together instead. Now they’re working together to prepare the site to sell to a developer to bring the plan to fruition. Construction wouldn’t start until at least 2016, and the project likely wouldn’t be complete for another 25 years.

Thanks for the updates. It is great to see so much going on in Jersey City. Keep the pictures coming!

Nexis4Jersey

Jul 1, 2012 6:32 PM

Quote:

Luxury Jersey City development breaks ground

http://therealdeal.com/wp-content/up...06/18-Park.jpgFrom left: the groundbreaking and a rendering of 18 ParA new Jersey City, N.J. mixed-use development — 18 Park — broke ground today with Jersey City Mayor Jerramiah Healy in attendance, a statement from the developers said. The 422-unit luxury rental building will sit atop a new state-of-the-art facility for the Boys & Girls Clubs of Hudson County and is being developed by Ironstate Development and Kushner Real Estate Group.
The 11-story building’s residential portion will offer upscale amenities such as full-service fitness center, outdoor swimming pool, landscaped outdoor deck and a children’s playroom in the residential portion. The non-profit Boys & Girls Club will have 34,000 square feet of classroom and recreational space.
The building was designed in collaboration between HWKN Architects and Minno & Wasko Architects, the statement said.
“This is a once-in-a-lifetime opportunity where the private sector, municipal officials and a non-profit organization were all able to come together to formulate a plan that truly benefits everyone involved,” said Gary Greenberg, executive director of the Boys & Girls Clubs of Hudson County, in the statement. The building, set to be complete in 2014, will replace the current home of the non-profit, which had fallen into disrepair.
It’s not the first time Ironstate, one of New Jersey’s largest developers, and Kushner have worked together. They launched sales at 225 Grand, a 348-unit rental building down the street from 18 Park, in 2010 and leased it up in less than ten months. The Kushner Real Estate Group is run by Murray Kushner, not his more-maligned brother Charles, who was convicted of tax fraud and making illegal campaign contributions in 2005 and served time in federal prison.
The developers told The Real Deal previously that rents at 18 Park would be on par with those at 225 Grand — around $36 per square foot. — Guelda Voien

Like some desperate boy on the make, Brooklyn and Long Island City spent a long time trying to convince apartment hunters to give them a chance.

Now it’s Jersey City’s turn.

Like Hunters Point and Williamsburg, Jersey City is close to Manhattan — only one train stop away (a PATH train, true). But new apartments are a lot cheaper, and a lot more plentiful, here than in the city.

And while new construction often seems stalled or small-ball in the five boroughs, Jersey City is shooting for the moon.

Manhattan trends including eco-friendly living are starting to appear at developments like Madox, the new rental building that will be the first LEED-certified residential building in Jersey City (as well as the first smoke-free one). Madox will open the Paulus Hook neighborhood this fall.

“It might be the first smoke-free [residential] building in New Jersey,” says James Caulfield Jr., a principal with Fields Development Group, which is putting up Madox.
Prices haven’t been set yet for the 131 apartments (there will also be at least two commercial spaces), but one can expect them to be in line with other newer Jersey City luxury properties (in the upper $30-to-lower-$40-per-square-foot range, per year).
In the next 15 months, Paulus Hook will get another boost of development with the Warren at York. This will be a 12-story, 139-unit rental building featuring one-, two- and three-bedrooms that range from 714 to 1,350 square feet.
“We’re going to have a gym, a media lounge, a pool table, a movie screen, sitting areas and a green roof,” says Jonathan Schwartz, senior vice president of BNE Real Estate Group, which is developing the Warren at York.
Clearly, eco-friendly has been accepted by more than one Jersey City developer.